This scripts shows ER cross 0.6 and -0.6. Green Arrow below candle shows ER crosses above 0.6 and Orange on shows it crosses below 0.6. Red Arrow below candle shows ER crosses below -0.6 and Blue on shows it crosses above 0.6. Green Dot shows bearish climatic candle and red dot shows bullish climatic candle. usally this signs for reversal/pullback. Buy Entry...
ENGLISH this indicator is contrarian and it's use in my strategy Strategy: when price falls the graph show as two moments with panic during the downtrend: two candlesticks of panic Both candlesticks are associating with two Volume climatic bars (when volumen double the average volume of last 10 bars). In that moment the institutions buy (remember, the...
Not all the high volumes are important, this tool helps to identify the relevant market volumes Can be useful to confirm a trend, a continuation or reversal
- Climate volume detection - Relative volume value in bar - Automatic zone generation (possibility of configuration) - Additional features ¡¡¡Thumbs up¡¡¡